Ethena (ENA) fell 14.28% to $0.0907 following a $5.28 million transfer of 56.1 million ENA tokens by Multicoin Capital through Galaxy Digital and BitGo, raising questions about institutional intentions. Despite the price drop, ENA saw a net outflow of $3.52 million from exchanges, indicating reduced supply and a preference for holding rather than selling. The price remains within a long-standing range between $0.079 support and $0.132 resistance, with technical indicators showing easing selling pressure. Binance top traders remain bullish, with 72.19% holding long positions, suggesting confidence in a potential price recovery toward the $0.132 resistance level.
Audiera (BEAT) led crypto gainers with a 66.42% price jump to $3.87, driven by growing adoption of its decentralized audio streaming platform using blockchain technology. Other notable movers include Siren (SIREN) up 40.53%, Zcash (ZEC) rising 13.56%...
Bitcoin experienced a sharp drop below $62,000 during Asian trading, triggering $1.8 billion in crypto liquidations, mostly from leveraged long positions. This selloff coincided with significant withdrawals from US spot Bitcoin ETFs, totaling about $...
